International Finance: what is the impact of Globalization and Trade on the environment?

Docs en anglais | 6 pages | 08-01-2008 | Format : | Note : Non noté

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Résumé

Since the beginning of the 1970s, both developing and industrial countries, as well as world associations and companies all realize that the way we trade and do business may not be a sustainable one. We now sell and buy services, products and capital all around the world faster than ever. We may not be aware of all the aspects and consequences of those actions, especially on the environment. Globalization is easy to determine and anyone can feel its effects every day. Because human beings on Earth tend to want the same thing, factories and service agents tend to propose the same products to consumers. As a consequence, competition has never been so tough. Apparently, there is no link between this description and the environment. In fact, when a car dealer sells a Chevy or a Wolkswagen to an American citizen, there is no direct consequence on nature. What I mean is that (...)

Contents:

Introduction

I) Bad effects and legislation, backgrounds
II) Race to the bottom, International disparities in laws and respect of the environment
III) Substitution products, benefit for the environment, new markets

Conclusion
Sources

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